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  dating online #467
Posted by: RobertJep - 08-01-2020, 12:46 PM - Forum: Agriculture - No Replies

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  Hi, let's get acquainted?
Posted by: Viollettaxxx - 07-25-2020, 12:56 PM - Forum: Agriculture - No Replies

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  Thank you
Posted by: MartinFew - 06-23-2020, 07:09 AM - Forum: Agriculture - No Replies

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  Amazon, Apple, Facebook and Microsoft close at all-time highs as Big Tech rallies bac
Posted by: Administration - 06-09-2020, 10:57 PM - Forum: News - No Replies

Amazon, Apple, Facebook and Microsoft close at all-time highs as Big Tech rallies back from coronavirus



  • Facebook, Apple, Amazon and Microsoft all hit new all-time highs Tuesday after the Nasdaq Composite Index hit a new record.

  • The tech stocks have fared better than most during the coronavirus pandemic as newly-remote workers have had come to rely more than ever on online services. 

  • The combined market value of the four companies is now close to $5 trillion, with Apple claiming the top spot at nearly $1.5 trillion. Facebook is the only one of the group with a market cap below $1 trillion. 
[Image: 105981365-1561120926627rts2iu76.jpg?v=15...=678&h=381]

Jeff Bezos, founder of Amazon
Katherine Taylor | Reuters
AmazonAppleFacebook and Microsoft closed at new all-time highs Tuesday, a day when the Nasdaq Composite Index hit a new record.
Big Tech stocks have fared better than most during the coronavirus pandemic as newly remote workers have had come to rely more than ever on online services. Thanks to their large market caps, they’ve also helped buoy the stock market, which has staged a comeback despite huge unemployment numbers sparked by widespread stay-at-home orders.

Facebook, Apple and Amazon all rose more than 3% Tuesday while Microsoft popped about 0.8%. The tech-heavy Nasdaq Composite rose 0.3%, briefly rising above 10,000 for the first time. The S&P 500 was down about 0.8%.
The combined market value of the four companies is now close to $5 trillion, with Apple claiming the top spot at nearly $1.5 trillion. Facebook is the only one of the group with a market cap below $1 trillion.
Google parent-company is Alphabet the only one of the five largest tech stocks not to close at an all-time high. It’s still about 5% behind its all-time high of $1,524.87, where it closed on Feb. 19.
The S&P 500 erased its losses for the year on Monday following a Friday jobs report that quelled economists’ worst fears but still delivered a bleak glimpse into the state of unemployment in the U.S. Still, data showed that the slight job gains were distributed inequitably. The unemployment rate for black workers grew slightly in May despite a decline of nearly two percentage points for white workers.
While the likelihood of continued restrictions on city life and possibility of a second wave of the virus could weigh on some businesses, the tech companies are well-positioned to continue serving customers from home. New modes of working and socializing have made tech platforms central to many people’s communication. Amazon recently announced an estimated $4 billion investment into efforts to respond to the virus, which could create new business opportunities later on.
WATCH: Coronavirus

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  GDP is now projected to fall nearly 53% in the second quarter, according to a Fed gau
Posted by: Warren Buffet - 06-02-2020, 02:38 PM - Forum: News - No Replies

GDP is now projected to fall nearly 53% in the second quarter, according to a Fed gauge



  • The Atlanta Fed projects that second-quarter gross domestic product will decline 52.8%.

  • A continued contraction in manufacturing has been holding back consumption and private investment, two cornerstones of the economy.

  • Such a big decline could portend a short-term burst but that likely will be followed by a “swoosh” recovery, said market expert Ed Yardeni.
[Image: 106228044-1573054548358rt.jpg?v=1580497409&w=678&h=381]

A worker assembles an X model at the BMW manufacturing facility in Greer, South Carolina, November 4, 2019.
Charles Mostoller | Reuters
Economic activity in the second quarter has been cut by more than half, according to a tracker employed by the Atlanta Federal Reserve.
The GDPNow outlook is now showing a 52.8% tumble, following data Monday that U.S. manufacturing remains firmly in decline and will weigh on investment and consumption. That data from the Institute for Supply Manufacturing showed just 43.1% of firms seeing expansion in May.

Extrapolating from that data, the Atlanta Fed anticipates personal consumption expenditures, which make up 68% of the nation’s gross domestic product, to fall 58.1% in the April-to-June period. Gross private domestic investment, which accounts for 17% of GDP, is now projected to slide 62.6%.
The GDPNow reading undergoes regular revisions and generally is more accurate as it gets closer to the end of the quarter, which in this case is June 30. The New York Fed’s GDP Nowcast, which was last updated before the ISM release, estimates a 35.5% Q2 drop, while CNBC’s Rapid Update survey of leading economists has a median 38% decline.

[*][Image: 106561355-3ed1-sbeu-060220-drjulie.jpg?v...=750&h=422]

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‘Dismal’ US economy a challenge for Trump ahead of November, expert says

The one bright side of the even steeper slide is that it could point to a sharper recovery at least in the short term, said Ed Yardeni of Yardeni Research. He projects the third quarter to see a 20% rebound followed by a 5% gain in the fourth quarter.
After that, though, the situation gets cloudy.

A ‘swoosh’ for the long term
“Beyond that, we agree that it could be a swoosh with low single-digit growth rates. We don’t expect that real GDP will recover back to its Q4-2019 record high until late 2022,” Yardeni said in his morning note Tuesday.[/color]
[*]The blow to the economy comes as most states have begun to relax stay-at-home restrictions stemming from the coronavirus pandemic. Even with the reopenings, the economic data for the period is expected to be among the worst the U.S. has ever seen. 
Friday’s nonfarm payrolls report is expected to show that another 8.3 million Americans lost their jobs in April, bringing the unemployment rate to 19.5%. That’s on top of the 20.5 million payrolls drop in March and a 14.7% jobless level.
Yardeni estimates that it could take until October 2022 before the Coincident Economic Indicators index, which tracks current economic activity metrics, to return to its February high. The Congressional Budget Office said Monday it could take a decade before economic activity returns to normal.
“So the initial V-shaped rebound could eventually turn out to be a swoosh,” Yardeni said. “This outlook allows for the possibility of a second wave of COVID-19 infections, though not as bad as the first wave and without another round of lockdowns.”
The current slide in activity has been unique in that it has been led by services sector, rather than manufacturing or construction as is common in recessions. Of the jobs lost in April, 17.2 million came from the services side, including nearly 7.7 million in leisure and hospitality.
From a historical perspective, Yardeni said industrial production and housing are more likely to see V-shaped recoveries, while that is unlikely to be the case for retail, restaurants, airlines, hotels, casinos, entertainment and recreation.

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  PMs should have a huge rally in the next few years
Posted by: Warren Buffet - 04-05-2020, 06:36 PM - Forum: Gold - No Replies

Do you agree?

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  Shortage of PMs
Posted by: Warren Buffet - 04-04-2020, 10:27 PM - Forum: Precious Metals - No Replies

Buy more.

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  First bank goes bankrupt
Posted by: Warren Buffet - 04-03-2020, 11:57 PM - Forum: Finance - No Replies

Watch out.

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  Would you buy aapl now?
Posted by: Warren Buffet - 04-02-2020, 06:28 PM - Forum: Stocks - Big Cap - No Replies

Are we going lower?

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  Surge in news reading
Posted by: Warren Buffet - 04-02-2020, 12:06 AM - Forum: Newspapers - No Replies


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